Beihai ushered in secondary oil exploration climax
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Experts explained that high oil prices mean that current oil companies can invest a lot of money in the exploitation of deep oil and gas that previously could not be mined because of high costs. They also believe that there are still large areas in the UK off the coast that have never been fully explored, and more than 300 oil fields still have potential.
Since the scale of these new oil fields is relatively small, it is impossible for industry giants such as BP and Shell to get involved. But for smaller companies with lower management costs, these fields are more attractive.